Home prices
The cost of the median home in Germantown is $331,700. Compared to other places in this area this is approximately $62,300 (23%) higher.It is about $114,200 (52%) higher compared to the entire country, and compared to the city of Memphis it is roughly $229,900 (225%) higher.
Rents
Germantown's median monthly rent is $1,387. In comparison to nearby areas this is roughly $364 (35%) higher.It is roughly $325 (30%) higher compared to the nation as a whole, and it is approximately $486 (53%) higher in comparison to the city of Memphis.
Nearby places
Collierville
Collierville is Germantown's neighbor to the southeast. Its housing prices are similar. Collierville's median home cost is $319,300, which is $12,400 (3%) lower than Germantown. Rents there are similar. In Collierville the median monthly rent is $1,331, which comes out to $56 (4%) lower than Germantown.
Piperton
Piperton is approximately 8 miles east from Germantown. The housing prices there are a bit more expensive. The median home in Piperton is valued at $399,100, which comes out to $67,400 (16%) higher than Germantown. Rents there are a lot less expensive. The median rent in Piperton is $885 per month, which comes out to $502 (56%) lower than Germantown.
Olive Branch
Olive Branch is approximately 9 miles south from Germantown. The real estate prices there are a lot less expensive. The median home in Olive Branch is valued at $175,600, which comes out to $156,100 (88%) lower than Germantown. Rents there are somewhat less expensive. Olive Branch's median monthly rent is $1,164, which comes out to $223 (19%) lower than Germantown.
Bartlett
Bartlett is approximately 11 miles north from Germantown. Its real estate prices are a lot less expensive. The median home in Bartlett costs $185,100, which works out to $146,600 (79%) lower than Germantown. Its rents are similar. The median rent in Bartlett is $1,383 per month, which is very similar to Germantown.
Rossville
Rossville is approximately 11 miles east from Germantown. The real estate prices there are somewhat less expensive. The median home in Rossville costs $267,900, which works out to $63,800 (23%) lower than Germantown. Rents there are a lot less expensive. Rossville's median rent is $350 a month, which comes out to $1,037 (296%) lower than Germantown.
